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Home News USA The Total U.S. Consumption Value of the Boat Building Industry for the Year Was $11,078,000,000


The Total U.S. Consumption Value of the Boat Building Industry for the Year Was $11,078,000,000
added: 2007-02-27

The industry’s revenue for the year 2005 was approximately $11,370,000,000. The gross profit was 23.06% at $2,621,922,000. There were 1,118 establishments in this industry that year. Thus, average contribution (or revenue) per establishment annually was $10,167,000.

The total import export value for the year 2005 was $2,987,703,000. The top 5 trading countries were: Canada, $895,009,000 (29.96%); Italy, $308,073,000 (10.31%); United Kingdom, $218,014,000 (7.30%); Australia, $189,581,000 (6.35%); and Mexico, $187,132,000 (6.26%). Their combined total represents approximately 60% of all imports and exports.

The total importing value for the year 2005 was $1,348,098,000. The top 5 importing countries were: Canada, $403,514,000 (29.93%); Italy, $208,240,000 (15.45%); United Kingdom, $146,005,000 (10.83%); Taiwan, $144,138,000 (10.69%); and Mexico, $87,992,000 (6.53%). Their combined total represents approximately 73% of import from all countries.

The total exporting value for the year 2005 was $1,639,605,000. The top 5 exporting countries were: Canada, $491,495,000 (29.98%); Australia, $142,066,000 (8.66%); Italy, $99,833,000 (6.09%); Mexico, $99,140,000 (6.05%); and United Kingdom, $72,009,000 (4.39%). Their combined total represents approximately 55% of export to all countries.

Adding the import and subtracting the export, the total U.S. consumption value of this industry for the year was $11,078,000,000.

The U.S. manufacturing sector is expected to hit the monumental 5 trillion dollars net sales in 2006. U.S. economists have projected another 5% to 7% growth in the year 2007.


Source: Business Wire

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